Question
RAK Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,300 1 10,500 2 13,200 3 15,100 4 12,200
RAK Corp. is evaluating a project with the following cash flows: |
Year | Cash Flow | ||
0 | $ | 28,300 |
|
1 |
| 10,500 |
|
2 |
| 13,200 |
|
3 |
| 15,100 |
|
4 |
| 12,200 |
|
5 | 8,700 |
| |
The company uses an interest rate of 9 percent on all of its projects. |
Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
MIRR | % |
Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
MIRR | % |
Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
MIRR | % |
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